Haydee Del Socorro

Update on Haydee Del Socorro

Doña Haydee, age 58, is from Leon. She is happy and very grateful. She is grateful to the Kiva lenders for supporting her business selling books and religious material. This business has been very successful. She is now requesting a third loan to buy books, posters, notebooks, and coffee cups with images of the Virgin; December is coming up. In December, they sell pictures and images of the Virgin because it is the month of celebration of the Purísima, a religious tradition belonging to the city of Leon. Her customers make a lot of orders, and she doesn't want to lose this opportunity to get her products out there and move ahead with her business.

Previous Loan Details

Haydee is 58 years old and is a native of León. She is married, has two children and sells books for a living. This is her second Kiva loan. Her first experience was very good and things went well for her. She had good sales and she was able to stock quite a few books as well as religious mat...
More from Haydee Del Socorro's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.